World Library  
Flag as Inappropriate
Email this Article

Post-Napoleonic depression

Article Id: WHEBN0031126970
Reproduction Date:

Title: Post-Napoleonic depression  
Author: World Heritage Encyclopedia
Language: English
Subject: Aberdeen, Birmingham School (economics), List of recessions in the United Kingdom, List of economic crises, Napoleonic Wars
Collection: 1810S Economic History, 1820S Economic History, Financial Crises, Napoleonic Wars
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Post-Napoleonic depression

The post-Napoleonic depression refers to a post-war economic depression experienced by European countries following the end of the Napoleonic wars.

In England, an agricultural depression led to the passage of the Corn Laws (which were to polarize British politics for the next three decades), and placed great strain on the system of poor relief inherited from Elizabethan times.[1]

In Scotland, the depression ended in 1822.[2]

Samuel Jackson of Pennsylvania theorised that the Panic of 1819 and resulting depression in the United States were caused by the post-Napoleonic depression, holding that the end of the Napoleonic wars had led to the collapse of export markets and resulting underconsumption.[3]

References

  1. ^ Lord Ernle, English Farming Past and Present. Fifth Edition. (London: Longmans, Green & Co., Ltd. 1936), Chapter XV: Agricultural Depression and the Poor Law 1813-37
  2. ^ Richard Saville (1996). Bank of Scotland: a history, 1695-1995. Edinburgh University Press. p. 484.  
  3. ^ Murray N. Rothbard, The Panic Of 1819: Reactions and Policies, p.213

Further reading

  • Roger J. P. Kain; Hugh C. Prince (20 April 2006). The Tithe Surveys of England and Wales. Cambridge University Press. pp. 28–30.  
  • Fussell, G.E. and Compton, M. 'Agricultural adjustments after the Napoleonic Wars', Economic History, III, no. 14. London, 1939
  • doi:10.1215/00182702-1-2-306
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.